CryptoSeptic
Sunday, June 1, 2025
  • Login
Advertise
No Result
View All Result
  • Exchanges
    • Best Crypto Exchanges
    • Best Indian Exchanges
  • Wallet
    • Best Hardware Wallets
    • Best Bitcoin Wallet
    • Best Crypto Cards
  • Mining
    • Best Cloud Mining
    • Best Hardware Mining
    • Best GPU Mining
    • Best CPU Mining
  • VPN
    • Best VPN List
    • Best VPN Based on Countrywise
    • 10 Best Free VPN
  • Review
    • Extra
      • Gambling
        • CSGO Sites
      • Loan
      • Earn Interest
      • Ad Network
      • Gift Card
      • Security
Trade Crypto
Buy/Sell Bitcoin
  • Exchanges
    • Best Crypto Exchanges
    • Best Indian Exchanges
  • Wallet
    • Best Hardware Wallets
    • Best Bitcoin Wallet
    • Best Crypto Cards
  • Mining
    • Best Cloud Mining
    • Best Hardware Mining
    • Best GPU Mining
    • Best CPU Mining
  • VPN
    • Best VPN List
    • Best VPN Based on Countrywise
    • 10 Best Free VPN
  • Review
    • Extra
      • Gambling
        • CSGO Sites
      • Loan
      • Earn Interest
      • Ad Network
      • Gift Card
      • Security
No Result
View All Result
  • Login
CryptoSeptic
No Result
View All Result
Home Blockchain

How much does Crypto Developers Get Paid and Earn?

A new survey of 18 companies that Framework Ventures has backed to find out about their salaries and token distributions.

Azmarine by Azmarine
September 1, 2022
in Blockchain, Metaverse, News
Reading Time: 3 mins read
0 0
Crypto Developer Whale Salaries Different Countries
Share on FacebookShare on Twitter

Does it make sense to quit your job and work in crypto? Framework, a crypto venture capital firm, has just released a new study that helps answer this question by offering at startup salaries and giving concrete information to anyone who wants to join the crypto gold rush.

The venture capital firm asked 18 companies in which it has investments how much money they make. Pay for both technical and non-technical salaries is well into the six-figure range, with one high-flying engineer making $300,000 in base pay. Founders can also expect to get between 1% and 10% of the total supply of tokens.

Relating Posts

Netflix bans crypto commercials on ad-based streaming service

Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’

Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

Bed Bath & Beyond CFO Accused of ‘Pump & Dump’ to Inflate Stock Value

Bank of Russia to legalize Crypto cross-border payments

Regulators Find Flaws in Pro-Crypto Bank Revolut’s Audits

Daniel Mason, an operating partner at Framework Ventures and the person in charge of the survey, said, “There’s nothing like Glassdoor or Levels for Web3 right now.” He said that sharing this information helps “both founders and job seekers by making the ecosystem more open.”

Crypto Developer Whale Salaries Graphical Form

In May, an anonymous survey was done with early-stage companies that had anywhere from two to eighty employees. Companies in Framework’s portfolio are mostly focused on Ethereum-based decentralized finance (DeFi) projects, infrastructure, and Web3 gaming. This includes lending protocol Aave, play-to-earn game Illuvium, and stablecoin project Fei.

The data shows the base salaries and allocations of equity and/or crypto tokens for four key groups: founders, executives (non-founder c-suite hires), engineers, and operators who are not engineers (sales, marketing, recruiting, etc.).
“Base salaries for Web2 and Web3 roles are similar, but the token upside is what makes the difference,” said Dan Eskow, founder of the crypto recruiting firm Up Top. “Even a small token allocation can be very valuable if the project becomes the next billion-dollar protocol.”

Framework’s Mason says that a bear market, which is still going on in crypto, is the best time for people who want to ride the next crypto rocket ship.

Mason said, “There are no guarantees when it comes to compensation packages, but I think it’s usually best to lock in terms when a project or company is valued lower.” “While FAANG stocks are down 30%–35% year to date, crypto is down much more, so I think it’s possible that those who join the right project now could see more upside than those who joined at the top of the last bull market.”

Crypto Developer Whale Salaries

Founder compensation

Early-stage companies: $100,000 to $175,000 per year, with the top of the bell curve at $130,000 to $160,000.

$175K to $225K for later-stage businesses

Non-token equity: About 80% of it was owned by the founders in the early stages, but by later rounds, that had dropped to 20%-50%.

Token equity: Founding teams own between 8% and 12% of the token supply of tokens, while individual founders own between 2.5% and 7.5%, with 4%-6% being the most common. The single founder of an early-stage startup had the highest percentage of ownership, at 10%.

  • In the early companies of a company, the founders usually pay themselves just enough to live a comfortable but basic life.
  • The salaries of U.S.-based founders were higher and those of international founders were slightly lower, depending on location and cost of living.
  • To motivate employees in decentralised networks (DAO), token ownership (rather than equity) is the way.

Non-founder executive compensation

Early-stage companies: $120K-$160K

Later-stage companies: $225K+

Non-token equity: 1%–4% of company equity in early-stage companies; 1%–2% of company equity in later-stage companies.

Token equity: 0.5%–1% of the maximum token supply at DAOs and protocols with a token at later-stage companies

  • C-level hires in engineering and business development were often the highest-paid executives who weren’t the company’s founders.
  • Many executive sales jobs have high variable pay in the form of bonuses that depend on how well the job is done.
  • Floor pay was higher for executives who were based in the U.S.

Engineer compensation

Early-stage businesses: $120,000 to $160,000

Later-stage companies: $225K+

Non-token equity: 1%–4% of company equity in early-stage companies, and 1%–2% of company equity in later-stage companies.
Token equity: 0.5% to 1% of the maximum token supply at DAOs and protocols with a token at later-stage companies

  • Non-founder C-level hires in engineering and business development were often the highest-paid executives.
  • Many executive sales jobs have high variable pay in the form of bonuses based on how well the job is done.
  • The floor pay for U.S.-based executives was higher.

Non-founder business operations compensation

Business development and partnerships: $60K to $120K for mid-level; $150K for senior-level
Marketing and communications: $80,000 to $100,000 for mid-level, $140,000 for senior-level

  • $60K–$120K for mid-level; $150K for senior-level, which is usually only hired by later-stage companies.
  • Operations, design, hiring, and managing the community: up to $130,000
  • Token equity: project dependent
Tags: Random
ShareTweetSendShare
Azmarine

Azmarine

Crypto Enthusiast - Who is Fascinated how BlockChain can take over the world!

Related Posts

Netflix bans crypto commercials CryptoSeptic
Controversy

Netflix bans crypto commercials on ad-based streaming service

September 6, 2022
Crypto Rig Mining Laptop - CryptoSeptic.com
Controversy

Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’

September 6, 2022
Crypto Trading India
News

Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

September 6, 2022
Bed Bath & Beyond Biz Stocks Trends CryptoSeptic
Controversy

Bed Bath & Beyond CFO Accused of ‘Pump & Dump’ to Inflate Stock Value

September 6, 2022
Russia Crypto Coin Adoption - CryptoSeptic.com
Controversy

Bank of Russia to legalize Crypto cross-border payments

September 6, 2022
Pro-Crypto Bank Revolut’s Audits CryptoSeptic
Controversy

Regulators Find Flaws in Pro-Crypto Bank Revolut’s Audits

September 6, 2022
Load More
bitcoinBitcoin
$ 104,748.06
$ 104,748.06
0.89%
ethereumEthereum
$ 2,525.10
$ 2,525.10
0.09%
litecoinLitecoin
$ 87.47
$ 87.47
3.28%

Get Into Crypto Now

Paxful

PaxFul

Binance Image

Binance

NiceHash

NiceHash

Minergate image

Minergate

LEDGER

Ledger

trezor

Trezor

cropped-Bitcoins.png

FreeBitcoin

Roobet

Roobet

Popular Stories

  • Crypto Groups – Pumping and Dumping Scheme? When To Buy and Sell?

    Crypto Groups – Pumping and Dumping Scheme? When To Buy and Sell?

    269 shares
    Share 0 Tweet 0
  • Famous Celebrities who Invested in SafeMoon – More to Come?

    16 shares
    Share 0 Tweet 0
  • USDT-TRC20 Deposit Stuck in Bitmart for Millions of Traders

    0 shares
    Share 0 Tweet 0
  • CoinPilot Review: Best CryptoTrading Service Automatic Profits?

    0 shares
    Share 0 Tweet 0
  • AdShares- How To Withdraw Funds from Crypto Ad Network?

    0 shares
    Share 0 Tweet 0
[the_ad id="4314"]

Quick Links

  • VPN
  • Express VPN
  • Nord VPN
  • Zenmate
  • Pure VPN
  • Hotspot Shield
  • CyberGhost
  • Mining
  • NiceHash
  • MinerGate
  • Kyrptex
  • CryptoTab
  • GamerHash
  • CudoMiner
  • Exchanges
  • Binance
  • Paxful
  • Bitfinex
  • KuCoin
  • Bitmart
  • Kraken
  • Wallet
  • Coinbase
  • Paxful
  • Blockchain
  • Trezor
  • Ledger
  • CryptoPay
  • Gambling
  • Roobet
  • Stake
  • Bitstarz
  • FreeBitcoin
  • Daddy Skins
  • Roll Bit
  • Security
  • 1Password
  • Authy
  • DashLane
  • Last Pass
  • Proton Mail
  • Tor Guard

CryptoSeptic

CryptoSeptic was started with a vision to provide various articles & news based on Blockchain, Metaverse, Cryptocurrency, and Decentralization all in one place. Strong Crypto Community With over 6000+ Active Members, latest Signals, updates, news, and more...

Facebook Twitter Discord Quora Reddit Pinterest Tumblr
  • About
  • Contact Us
  • Sitemap
  • Privacy Policy
  • Blog
  • Advertise
  • Partners

Copyright © 2020-22  CryptoSeptic – Crypto Community

No Result
View All Result
  • Exchanges
    • Best Crypto Exchanges
    • Best Indian Exchanges
  • Wallet
    • Best Hardware Wallets
    • Best Bitcoin Wallet
    • Best Crypto Cards
  • Mining
    • Best Cloud Mining
    • Best Hardware Mining
    • Best GPU Mining
    • Best CPU Mining
  • VPN
    • Best VPN List
    • Best VPN Based on Countrywise
    • 10 Best Free VPN
  • Review
    • Extra
      • Gambling
      • Loan
      • Earn Interest
      • Ad Network
      • Gift Card
      • Security

© 2021 CryptoSeptic

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In